We Care Mission

“There was no Other revenue”

“Other expenses totaled $40,079 including Thrift Shop and Food Pantry expenses $1,075, Fees $50, Sales Tax $1,307, Insurance $2,424, Freezer $678, and Food Ministry expenses for purchase of food $34,545.”

“The minus $141 represents overpayment of accounts receivable by Hispanic Food Pantry. The Hispanic Food Pantry was established August 2019 to assist members of Hispanic community impacted by the ICE raids on chicken plants in cental Mississippi. We Care Mission provided assistance to the Hispanic Food Pantry for the approximate 11 months it was opened closing in August 2020. This negative balance in this account is still reflected in the books of We Care Mission. We Care Mission played a significant role in assisting the Hispanic Food Pantry during the time it was opened providing services normally provided in operating a pantry. It is noted that this item has been transferred to the liability section. The E-filing program required us to change beginning and ending accounts receivable amounts in a negative amount of $141 to a liability in the amount of $141. Therefore, the beginning and ending balances were transferred to the liability section. Please see the liability section for the reporting of the negative account receivable as a liability”

“Other than the liability reported, We Care Mission had no other liabilities as it paid its expenses and liabilities on a current basis. It is noted that the liability was recognized in previously filed returns in the asset section relative to overpayment of receivable by Hispanic Food Pantry. The E-filing program required us to move the negative accounts receivable in the amount of negative $141 to the liabilities section of the balance sheet. Please note previous explanation that this liability results from overpayment of accounts receivable by Hispanic Food Pantry.”